Mahindra & Mahindra Mumbai Deputy Product Manager Salaries by 4 Employees (Updated 2025)

11 - 16 years exp.

₹9.2 Lakhs - ₹12.1 Lakhs

Salary of majority employees

18% more than the average Deputy Product Manager Salary in Automobile Companies for 11 - 16 years of experience

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Last Updated: 2 Mar 2024

Companies similar to Mahindra & Mahindra for Deputy Product Manager in Mumbai

Mahindra & Mahindra Deputy Product Manager Salary

11 - 16 years exp. (4 salaries)

₹9.2 L/yr - ₹12.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Deputy Product Manager Salary 0 - 7 years exp. (20 salaries)	₹8.8 L/yr - ₹11 L/yr 16% less
HDFC Bank Deputy Product Manager Salary 1 - 2 years exp. (5 salaries)	₹6 L/yr - ₹11 L/yr 31% less
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Kotak Mahindra Bank Deputy Product Manager Salary 1 - 3 years exp. (5 salaries)	₹4 L/yr - ₹7 L/yr 52% less
Reliance Life Sciences Deputy Product Manager Salary 11 - 14 years exp. (4 salaries)	₹8.3 L/yr - ₹10.3 L/yr 16% less
Universal Petro Chemicals Deputy Product Manager Salary 11 - 15 years exp. (4 salaries)	₹6.3 L/yr - ₹12 L/yr 23% less

Deputy Product Manager salary at Mahindra & Mahindra ranges between ₹9.2 Lakhs to ₹12.1 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Deputy Product Manager salaries in Mumbai

Last Updated: 2 Mar 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹18 L/yr
12 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
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13 years (AmbitionBox Estimate)	₹10 L/yr - ₹19.7 L/yr
14 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
15+ years (AmbitionBox Estimate)	₹12.1 L/yr - ₹22.6 L/yr

From

Deputy Product Manager

₹

Lakhs/yr

11 - 18 years exp.

Deputy General Manager

₹

Lakhs/yr

15 - 26 years exp.

Deputy Product Manager 11 - 18 years exp.

Manager 2 - 24 years exp.

53% hike

Senior Manager 12 - 24 years exp.

64% hike

From

2 more levels

Deputy Product Manager

11 - 18 years exp.

Senior International Marketing Manager

Salary unavailable

View 1 more career path

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Salary related reviews for Mahindra & Mahindra

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

Deputy Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Oct 2018

3.0

for Salary and Benefits

Likes

Work Life Balance is good. Management keeps an eye on your learning needs. You are free to do innovation on your work area.

Skill development - Good

+1 more

Dislikes

Salary structure is very poor. Growth is very less compared to other automobile manufacturers.

Deputy Manager in Zaheerabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 30 Jan 2022

4.0

for Salary and Benefits

Likes

A lots of things to learn and u always get opportunity to prove yourself. Compensation is also good No issue of leaves

Salary - Good

+5 more

Dislikes

Production team has to do each and everything. Less support from CPE , RQA & PQA

see more salary related reviews

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra & Mahindra Deputy Product Manager Salary FAQs

What is the salary of Deputy Product Manager at Mahindra & Mahindra Mumbai?

Deputy Product Manager salary at Mahindra & Mahindra in Mumbai ranges between ₹9.2 Lakhs to ₹12.1 Lakhs for experience between 11 years to 16 years. According to our estimates it is 18% more than the average Deputy Product Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra Mumbai.

How does the salary of a Deputy Product Manager at Mahindra & Mahindra Mumbai compare with the average salary range for this job?

The average salary of a Deputy Product Manager at Mahindra & Mahindra is 18% more than the average salary of a Deputy Product Manager in Mumbai. To know exact salary insights, login to view.

What is the salary of a Deputy Product Manager in companies similar to Mahindra & Mahindra in Mumbai?

Reliance Life Sciences Deputy Product Manager Salary - ₹8.3 Lakhs to ₹10.3 Lakhs per year
Axis Bank Deputy Product Manager Salary - ₹8.8 Lakhs to ₹11.0 Lakhs per year
Universal Petro Chemicals Deputy Product Manager Salary - ₹6.3 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Deputy Product Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
Kotak Mahindra Bank Deputy Product Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Deputy Product Manager at Mahindra & Mahindra in Mumbai?

The estimated take-home salary of a Deputy Product Manager at Mahindra & Mahindra ranges between ₹82,964 per month to ₹85,130 per month in Mumbai. The take-home salary calculation is based on the average Mahindra & Mahindra Deputy Product Manager salary in India which ranges between ₹9.2 Lakhs to ₹12.1 Lakhs per year for employees with experience between 11 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Deputy Product Manager at Mahindra & Mahindra in Mumbai?

According to AmbitionBox, 100% of the Mahindra & Mahindra Deputy Product Managers in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Deputy Product Manager Salaries in Mumbai

Mahindra & Mahindra Deputy Product Manager salary in Mumbai ranges between ₹9.2 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.